The global export of groundnuts is led by India, followed closely by the United States. Both countries have shown positive growth, with India experiencing a modest 4.13% increase. Brazil and the Netherlands also follow a growth trend, while China shows a slight decrease. Notable growth is seen in Senegal and even more impressively in countries like Gambia and Burkina Faso, which boast significant increases. Conversely, South Africa and the United Kingdom exhibit declines in exports. Emerging exporters such as Myanmar and Bosnia and Herzegovina reveal substantial upward trends, while European markets generally show stable low growth.
Future trends to watch include the expanding role of African countries in the global groundnut market, driven by increasing local production capacities and international demand. Additionally, the shift towards sustainable and organic farming practices might impact export dynamics, as consumers become more environmentally conscious, potentially elevating countries with eco-friendly farming methods. Watch for geopolitical developments affecting trade relations, which could further steer export figures.
Top countries in Export of Groundnuts by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 559,000,000 | 2023 | +0.81% | +4.13% | View data |
| 2 | 2 United States | 537,450,000 | 2023 | +2.51% | +3.43% | View data |
| 3 | 3 Brazil | 284,780,000 | 2023 | +4.78% | +4.29% | View data |
| 4 | 4 China | 270,650,000 | 2023 | +0.85% | -0.58% | View data |
| 5 | 5 Netherlands | 266,870,000 | 2023 | +1.75% | +2.2% | View data |
| 6 | 6 Senegal | 209,420,000 | 2023 | +6.48% | +24.09% | View data |
| 7 | 7 Argentina | 165,740,000 | 2023 | -2.18% | +2.12% | View data |
| 8 | 8 Nicaragua | 127,090,000 | 2023 | +2.42% | +2.55% | View data |
| 9 | 9 Myanmar | 98,658,000 | 2023 | +3.8% | +8.66% | View data |
| 10 | 10 Egypt | 53,236,000 | 2023 | +3.85% | -1.29% | View data |
